No, LG isn't giving up on the smartphone business.
LG responded to a report by Korean publication ET News that it was shifting its resources away from the mobile business and towards televisions, dismissing it as "completely untrue."
"We are more committed than ever in making the LG brand a major player in the mobile space," an LG representative said on Friday. "And we think our products this year speak for themselves."
Furthermore, LG said the report was based on "non-credible sources and uninformed speculation."
Had LG pulled out of the … Read more